WLBZ Channel 2 out of Bangor, Maine notes “sixteen percent of Maine’s population is elderly, one of the highest percentages in the nation,” and that people in the state are watching the Social Security debate closely.
There’s a bit more than one and a quarter million Mainers. And just over 20% of them are current Social Security beneficiaries. That’s the second highest number in the nation.
Says, the report on the WLBZ website: “Senator Olympia Snowe, who sits on the Finance Committee, is worried about the risks of stock market investment. Snowe says other options are avilable, including tax incentives to encourage retirement savings.”
Sen. Snowe, who’s up for reelection next year, has been generally mum on the subject. And has made only vague comments about her position.
